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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (159720)	2/1/2003 3:45:33 PM
From: i-node	Read Replies (1) \| Respond to of 1587887

Which do you think is the better buy, GLW I like GLW for the reason you mention -- diversity -- in particular, I think the LCD display business looks attractive -- they make over half of the LCD displays in use today. Also, their balance sheet has been cleaned up a lot by the recent sale of a $2B asset. The interesting thing about this sale is that they managed to sell the projection display business for top dollar when it ought to be a declining line of business. With the money received, they were able to pay off a lot of the near-term ('05) debt which the markets were so concerned about. OTOH, I don't know when or if fiber will be back. In the late 70s I was a systems analyst for a microwave consulting firm. At the time, the LD business was consumed with microwave. Then, one day, we woke up and microwave was out and fiber was in. I certainly don't rule out the idea that something so radical could happen again.